Liberal candidate for Wentworth Dave Sharma says his party is committed to providing the best childcare for Australians but says ‘I don’t think we should be out there trying to match Labor in its spendathon’.

Labor has this week drawn criticism for announcing a $4 billion childcare plan but not revealing how it will fund the social initiative.

Mr Sharma questioned the funding pledge, telling Sky News ‘Labor just keeps announcing more money for everything but doesn’t address where they’re getting the money from, what’s going to happen to people’s taxes, or how the economy’s going to stomach this significant burden’.

The Liberal candidate says ‘people would always like to see more generous social services, but the key to that is a strong economy with low unemployment, good wage growth and good economic growth because only then do you have the balance sheet to underwrite these social initiatives’.

You can view the full interview here.